Two Leases Approach 160,000 SF; 'No Vacancy' at Greensboro Center

MCLEAN, VA-The tenant roster at the dual structure 435,000-sf Greensboro Corporate Center has just expanded now that law firm Watt, Tieder, Hoffar & Fitzgerald LLP and R&D concern the Mitre Corp. have signed leases accounting for a total of nearly 157,600 sf of class A office space. Watt Tieder will set up its corporate headquarters in 71,400 sf of space on four floors, while Mitre will occupy 86,200 sf on four floors.

Located in the sizzling Washington, DC submarket of Tysons Corner, Greensboro Corporate Center is a premier property featuring such amenities as a fitness center and daycare facility. Newcomers Watt Tieder and Mitre are in good company, boasting neighbors including IBM and Prudential. The two new leases leave Greensboro Corporate Center leased to maximum capacity. Terms of the firms’ agreement with real estate services firm Jones Lang LaSalle–which represented property owner Greensboro Center LP–have not been made available; however, according to Advantis Real Estate Services Co.’s Mid-Year 2004 Office Market Report, class A office space in the Tysons Corner submarket goes for $24.50 per sf.